Join CRA TODAY!
There is no “US” Without You!
Thank you for visiting us here at the online headquarters for THE CALIFORNIA REPUBLICAN ASSEMBLY.
If you find value in the work we are doing to help fight for conservative values here in the Golden State, PLEASE BECOME A MEMBER TODAY!
(BREITBART) – House Speaker Kevin McCarthy (R-CA) and President Joe Biden have come to an agreement on raising the debt ceiling, McCarthy announced Saturday night.
The tentative agreement, which includes raising the debt ceiling through roughly the next two years in exchange for some of Republicans’ desired spending cuts and other concessions, comes after days of tense negotiations.
McCarthy said in a brief press conference that while they still have to spend the evening ironing out details and that text of the bill will come Sunday, he said he believes the agreement is “worthy of the American people.”
This new agreement, while raising the debt limit higher than the House GOP’s original bill, is expected to preserve some of Republicans’ desired spending reductions. Its passage would mark a significant win for House Republicans, who have been faced with negotiating with a Democrat president and Democrat-controlled Senate and who have not been effective at leveraging the debt ceiling for any meaningful concessions in more than a decade.
